Hopeful Political Solution Amidst Economic Damage – Danielle DiMartino Booth

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, engages in a candid conversation with Danielle DiMartino Booth, the CEO and Chief Strategist at QI Research. DiMartino Booth presents a bold perspective, asserting that the United States is already within the throes of a recession. She highlights the markets' apparent indifference to the looming risk of a government shutdown in the following week. In a climate of congressional dysfunction, DiMartino Booth navigates the political landscape and offers a glimpse of the kind of development that could reignite hope during this crucial election cycle.

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00:00 - Intro
00:30 - The Fed is finished
02:55 - The damage has been done
04:55 - When does the pain really hit the economy?
06:19 - Looming gov't shutdown & market reaction
07:51 - Bankruptcies
08:12 - Stock market exposure: 'I owe exactly one stock' in my personal portfolio
10:00 - Portfolio positioning
11:26 - Banking sector update
13:33 - Political development + 2024 election
18:40 - Gold and silver
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